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6100 — Tongdao Liepin News Story

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China's Tongdao Liepin Group interim revenue rises on business customer growth

China's Tongdao Liepin Group interim revenue rises on business customer growth


Overview

  • China talent acquisition firm's interim revenue grew 5.6% yr/yr for six months ended June 2026

  • Net profit attributable to equity shareholders rose 9.6% yr/yr

  • Board does not recommend interim dividend for six months ended June 2026


Outlook

  • Company did not provide specific financial guidance for the current or future periods


Result Drivers

  • TALENT ACQUISITION SERVICES - Revenue was mainly generated from providing talent acquisition and HR services to business customers and talent development services to individual users

  • AI-DRIVEN DEMAND - Company said enterprise demand for talent with AI proficiency and advanced skills drove growth in job postings and talent matching

  • SECTOR EXPANSION - Growth in job postings was notable in advanced manufacturing, electronics, communications, finance, and professional services


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Net Income Attributable

RMB 88 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the employment services peer group is "buy"

  • Wall Street's median 12-month price target for Tongdao Liepin Group is HK$3.90, about 89.8% above its August 20 closing price of HK$2.06

  • The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 7 three months ago


Reuters Recommended Reads

  • Aug 20 - British recruiter Hays beats annual profit expectations on cost cuts

  • Aug 19 - China's youth jobless rate hits 11-month high in July

  • Aug 19 - China's Kingsoft Q2 revenue rises 9% as office software growth offsets games decline


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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